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Hogan Lovells advises Charles on US$20 million Series A financing round
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July
2022
Led by Thiemo Woertge (Senior Associate), global business law firm Hogan Lovells advised Berlin-based start-up Charles on a US$20 million Series A funding round. The round was led by Salesforce Ventures. Existing investors Accel and HV Capital also joined in.
Since 2019, Charles has been offering customers an all-in-one operating system that brings e-commerce into chat apps and enables companies to sell products, send newsletters and engage with customers via chat (conversational commerce). The aim is to lead users to purchase through conversation. Intelligent voice control and artificial intelligence are increasingly playing a role in conversational commerce.
Charles will use the new funds to further expand its goal of becoming the leading conversational commerce platform for brands and businesses in Europe.
Hogan Lovells previously advised Charles through the seed financing round and also advised on all legal issues in the Series A financing.
Hogan Lovells team for Charles GmbH
Thiemo Woertge (Senior Associate), Dr. Nikolas Zirngibl (Partner), Dominik Lang (Associate) (all Corporate, Munich).
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